Robertson Stephens Wealth Management LLC Sells 3,730 Shares of International Business Machines Corporation $IBM

Key Points

• Robertson Stephens Wealth Management LLC trimmed its stake in International Business Machines (NYSE: IBM) by 28.1% in Q4, selling 3,730 shares and leaving 9,546 shares valued at $2.828 million.
• IBM beat estimates for the quarter with $1.91 EPS versus a $1.81 consensus and $15.92 billion in revenue versus $15.60 billion, marking a 9.5% year-over-year revenue increase.
• Dividend and investor sentiment: IBM raised its quarterly dividend to $1.69 (annualized $6.76, yield 2.9%) while large institutions like Vanguard and Capital World Investors increased holdings, and analysts maintain a "Moderate Buy" consensus with a $296.18 target.

Robertson Stephens Wealth Management LLC trimmed its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 28.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,546 shares of the technology company's stock after selling 3,730 shares during the period. Robertson Stephens Wealth Management LLC's holdings in International Business Machines were worth $2,828,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IBM. Capital World Investors increased its stake in International Business Machines by 13.9% during the third quarter. Capital World Investors now owns 17,045,156 shares of the technology company's stock valued at $4,809,461,000 after acquiring an additional 2,077,506 shares during the period. Vanguard Group Inc. increased its stake in International Business Machines by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company's stock valued at $28,796,390,000 after acquiring an additional 1,439,824 shares during the period. First Trust Advisors LP increased its stake in International Business Machines by 39.6% during the third quarter. First Trust Advisors LP now owns 3,052,880 shares of the technology company's stock valued at $861,401,000 after acquiring an additional 865,253 shares during the period. Franklin Resources Inc. increased its stake in International Business Machines by 64.7% during the third quarter. Franklin Resources Inc. now owns 2,162,741 shares of the technology company's stock valued at $610,239,000 after acquiring an additional 849,500 shares during the period. Finally, Amundi boosted its holdings in International Business Machines by 17.9% during the third quarter. Amundi now owns 4,777,516 shares of the technology company's stock valued at $1,382,695,000 after purchasing an additional 725,191 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors.

International Business Machines Stock Up 0.6%

Shares of IBM opened at $232.35 on Friday. The company has a market capitalization of $218.38 billion, a P/E ratio of 20.54, a PEG ratio of 2.41 and a beta of 0.58. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. International Business Machines Corporation has a one year low of $220.72 and a one year high of $324.90. The business's 50 day simple moving average is $243.51 and its 200-day simple moving average is $278.88.

International Business Machines (NYSE:IBM - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.81 by $0.10. The business had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.International Business Machines's revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.60 EPS. As a group, sell-side analysts predict that International Business Machines Corporation will post 12.38 EPS for the current fiscal year.

International Business Machines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, May 8th. This is an increase from International Business Machines's previous quarterly dividend of $1.68. International Business Machines's dividend payout ratio (DPR) is presently 59.42%.

Key Stories Impacting International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: U.S. quantum policy bill advances, shifting emphasis to commercialization, clearer funding and real-world deployments starting as soon as 2026 — an outcome that could accelerate demand for IBM’s quantum hardware, software and services. Article Title
• Positive Sentiment: Wall Street attention on quantum/AI names rises — IBM is named among top quantum stocks to watch, which can lift multiple and investor interest in the company’s long-term growth areas. Article Title
• Positive Sentiment: IBM and Ferrari added new AI features to the Scuderia Ferrari app — a high-visibility commercial proof point for IBM’s AI offerings and fan-engagement use cases ahead of major sporting events. Article Title
• Positive Sentiment: IBM launched “Bob,” an AI-powered development tool for the software lifecycle — strengthens IBM’s enterprise AI stack and could boost service and software revenue if adoption scales. Article Title
• Positive Sentiment: Partnership with Dallara to apply AI and quantum to vehicle design — technology leadership and industry partnerships that showcase practical quantum/AI applications and potential service opportunities. Article Title
• Positive Sentiment: IBM to open AI and quantum hubs (Chicago, Massachusetts) and add ~750 jobs — signals continued investment in talent and capacity to execute on enterprise AI/quantum strategy. Article Title
• Neutral Sentiment: Erste Group raised FY2027 EPS estimates modestly, but maintains a Hold — incremental analyst support rather than an outright upgrade. Article Title
• Neutral Sentiment: Smaller ecosystem and market mentions (Elektros joining IBM ecosystem, AI drug-discovery reports) provide additional validation but are unlikely to move near-term earnings materially. Article Title
• Negative Sentiment: A few headlines noted short-term stock softness around partnership announcements in premarket coverage — suggests some volatility as investors digest execution risks and timing. Article Title

Insider Activity at International Business Machines

In other International Business Machines news, Director Michael Miebach bought 434 shares of International Business Machines stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average cost of $233.33 per share, with a total value of $101,265.22. Following the acquisition, the director directly owned 434 shares of the company's stock, valued at $101,265.22. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on IBM shares. Erste Group Bank downgraded International Business Machines from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. HSBC raised International Business Machines from a "reduce" rating to a "hold" rating and lifted their price objective for the company from $218.00 to $231.00 in a report on Tuesday, April 28th. Stifel Nicolaus decreased their price objective on International Business Machines from $340.00 to $290.00 and set a "buy" rating on the stock in a report on Wednesday, April 8th. Bank of America lifted their price objective on International Business Machines from $315.00 to $335.00 and gave the company a "buy" rating in a report on Tuesday, January 13th. Finally, Wedbush decreased their price objective on International Business Machines from $340.00 to $320.00 and set an "outperform" rating on the stock in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $296.18.

International Business Machines Company Profile

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM's principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.

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